Just-In: Bitcoin Drops As German Government Transfers 4,900 BTC
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The German government sold 4,900 BTC to market makers and major crypto exchanges like Coinbase, Bitstamp, and Kraken. This action extended a broader Bitcoin selling spree, amounting to over 4,837 BTC, resulting in the cryptocurrency's price dropping to $53,000 with potential for further decline.
Source: coingape.com ↗
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